International Business Management
- Management Sciences
- 800 level
- 2 credit units
- 164 pages
- 15 units
This course introduces students to the field of international business management. It explores international trade, services, and factors influencing international business, such as socio-cultural, political, and legal forces. The course also covers international accounting systems, the importance of research, and trends in international services. Students will gain insights into international and local organizations that support international business and learn about recruiting workers for international ventures.
About this course
- Difficulty
- Intermediate
- Study hours
- 208 hours
- Maths
- Basic
- Content
- Theoretical, case study
- Practical work
- No
- Assignments
- Tutor marked assessments
- Final examination
What you'll read
The real module and unit structure of BUS835, taken from the course material NOUN publishes.
One paragraph, so you can see how it reads
BUS835 · Unit 1 Introduction to International Business Management
Transfer learnings implies to you that nations have borders; it therefore means that transacting business across borders is an international business, whether the business is among nations in the same region or across two different regions (Subedi, 2022). Then, how you ever thought of why individuals, business entities, and even nations engage in business transactions across international boundaries?
What you should be able to do
- Explain the background history of international business
- Discuss various international trade theories
- Discuss various ways of going into international business
- Discuss the financial influence on international business
- Explain how international business research is carried out
What it prepares you for
- International Marketing Manager
- Global Business Consultant
- Export/Import Specialist
- International Finance Analyst
- Multinational Corporation Manager
- Manufacturing
- Finance
- Consulting
- Trade
- Logistics
Where it gets hard
The units students slow down on, and what makes each one heavy.
- Module 2:
Unit 5: Export and Import Practices (American Example)
Understanding the complexities of international trade regulations and agreements requires careful attention to detail and awareness of global economic policies.
- Module 3:
Unit 2: International Accounting and Taxation
International accounting standards and taxation laws vary significantly across countries, requiring a deep understanding of financial regulations and reporting practices.
A suggested way through it
13 weeks, about 52 hours in total. Yours will differ.
- Week 1Module 1:
Unit 1: Introduction to International Business Management · 2 hours
Read Unit 1: Understand the nature of international business and its key components.. Review the history of international business and its evolution.. Complete Self-Assessment Exercise 1 to test your understanding of the unit's concepts..
Unit 2: International Trade · 2 hours
Read Unit 2: Explore the different theories of international trade.. Analyze the impact of mercantilism, absolute advantage, and comparative advantage on trade policies.. Complete Self-Assessment Exercise 2 to reinforce your understanding of trade theories..
- Week 2Module 1:
Unit 3: Why and How? International Business Management · 2 hours
Read Unit 3: Examine the reasons why firms engage in international business.. Discuss the various methods of entering international markets, such as exporting and foreign manufacturing.. Complete Self-Assessment Exercise 1 to assess your understanding of the motivations for international business..
Unit 4: Financial Influence on International Business Management · 2 hours
Read Unit 4: Analyze the financial forces that affect international business, including currency fluctuations and exchange controls.. Discuss the impact of tariffs, taxation, and balance of payments on international business activities.. Complete Self-Assessment Exercise 2 to test your knowledge of financial influences..
- Week 3Module 1:
Unit 5: International Business Environment (I) · 4 hours
Read Unit 5: Explore the economic, socio-cultural, political, and legal forces that shape the international business environment.. Analyze the impact of these forces on business operations and decision-making.. Complete Self-Assessment Exercise 1 to reinforce your understanding of the international business environment..
- Week 4Module 2:
Unit 1: International Business Environment (II) · 4 hours
Read Unit 1: Continue exploring the international business environment, focusing on legal, labor, and competitive forces.. Analyze the impact of these forces on business operations and decision-making.. Complete Self-Assessment Exercise 1 to reinforce your understanding of the international business environment..
- Week 5Module 2:
Unit 2: International Organisation and International Business Management · 4 hours
Read Unit 2: Discuss the role of international organizations such as the UN, World Bank, and IMF in facilitating international business.. Analyze the impact of these organizations on trade, finance, and development.. Complete Self-Assessment Exercise 1 to test your knowledge of international organizations..
- Week 6Module 2:
Unit 3: International Business Research · 4 hours
Read Unit 3: Explore the process of conducting international business research.. Analyze the differences between international and domestic research and the challenges involved.. Complete Self-Assessment Exercise 1 to reinforce your understanding of international business research..
- Week 7Module 2:
Unit 4: International Marketing · 4 hours
Read Unit 4: Discuss the strategies and policies involved in international marketing.. Analyze the factors that influence target market selection, product adaptation, and promotional policies.. Complete Self-Assessment Exercise 1 to test your knowledge of international marketing..
- Week 8Module 2:
Unit 5: Export and Import Practices (American Example) · 4 hours
Read Unit 5: Explore the practices and procedures involved in exporting and importing.. Analyze the factors that influence export decisions, payment terms, and documentation requirements.. Complete Self-Assessment Exercise 1 to reinforce your understanding of export and import practices..
- Week 9Module 3:
Unit 1: Human Resources Management and International Business Management · 4 hours
Read Unit 1: Discuss the challenges and strategies involved in managing human resources in international business.. Analyze the cultural and regional differences in labor conditions and staffing practices.. Complete Self-Assessment Exercise 1 to test your knowledge of international human resources management..
- Week 10Module 3:
Unit 2: International Accounting and Taxation · 4 hours
Read Unit 2: Explore the complexities of international accounting and taxation.. Analyze the differences in accounting practices across countries and the impact on firms.. Complete Self-Assessment Exercise 1 to reinforce your understanding of international accounting and taxation..
- Week 11Module 3:
Unit 3: International Services · 4 hours
Read Unit 3: Discuss the unique characteristics and challenges of international services.. Analyze the role of services in the global economy and the factors that influence their trade.. Complete Self-Assessment Exercise 1 to test your knowledge of international services..
- Week 12Module 3:
Unit 4: Product Policy Decision in an International Business Management · 4 hours
Read Unit 4: Explore the decisions involved in product policy for international markets.. Analyze the factors that influence product modification, standardization, branding, and packaging.. Complete Self-Assessment Exercise 1 to reinforce your understanding of product policy decisions..
- Week 13Module 3:
Unit 5: Nigerian Organisations and International Business Management · 4 hours
Read Unit 5: Discuss the role of Nigerian organizations in regulating and promoting international business.. Analyze the functions of NIPC, NEPC, NEXIM, and CBN in facilitating trade and investment.. Complete Self-Assessment Exercise 1 to test your knowledge of Nigerian organizations and international business..
Preparing for the exam
- Create concept maps linking Units 3-5 financial concepts
- Practice analyzing case studies from Units 7-9 weekly
- Review all self-assessment exercises
- Focus on key concepts
- Review all TMAs
Questions students ask about this course
What is BUS835 about?
This course introduces students to the field of international business management. It explores international trade, services, and factors influencing international business, such as socio-cultural, political, and legal forces. The course also covers international accounting systems, the importance of research, and trends in international services. Students will gain insights into international and local organizations that support international business and learn about recruiting workers for international ventures.
How many units does BUS835 have?
BUS835, International Business Management, has 15 units across 3 modules, over 164 pages of course material. You can read it one unit at a time.
How many credit units is BUS835?
BUS835 carries 2 credit units, at 800 level in Management Sciences.
Is BUS835 hard?
BUS835 is rated intermediate level, with basic mathematical content. It is mostly theoretical and case study work.
How long does BUS835 take to study?
About 208 hours of study, spread across its 15 units.
How is BUS835 assessed?
BUS835 is assessed by assignments, tutor marked assessments and final examination.
What can I do with BUS835?
International Marketing Manager, Global Business Consultant, Export/Import Specialist, International Finance Analyst and Multinational Corporation Manager.